On May 1, Campbell Company established a petty cash fund in the amount of $400.a) Is the establishment of the fund an asset source, asset use, or asset exchange transaction?b) Record the establishment of the petty cash fund in the horizontal financial statements model, below. Indicate the dollar amounts of increases and decreases; for accounts that are not affected, indicate NA. For cash flows, show whether they are operating activities (OA), investing activities (IA), or financing activities (FA).Assets=Liab.+Stk. EquityRev.-Exp.=Net Inc.Stmt of Cash FlowsCash + Petty Cash?????????????????????
What will be an ideal response?
a) The establishment of the petty cash fund is an asset exchange transaction; cash decreases and petty cash increases and total assets do not change.
b)
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The CEO of a large corporation has several executive vice presidents who report directly to her. One of these vice presidents develops major disagreements with the direction that the CEO is taking the organization, as well as with her leadership style. This vice president has an editorial about this printed anonymously in an important national newspaper. This vice president could be described as ______.
a. a conformist b. alienated c. effective d. a whistleblower
Having high expectations of the self is called the ______ Effect.
Fill in the blank(s) with the appropriate word(s).
What should Lindell offer to John to rectify the situation?
A) Lindell should send John two new machines. B) Lindell should consult with John to find out what would help him regain trust in Lindell and in Hoseke Corporation. C) Lindell should refund John's money. D) Lindell should discount any further purchases by half. E) Lindell should demote the head of the shipping department.
The Irish labor relations system uses a social partnership of labor, business and the government to negotiate _______________________________ agreements on social and economic issues.
Fill in the blank(s) with the appropriate word(s).